Community Music Schools of Toronto

585 Dundas Street East, Suite 220
Toronto, ON M5A 2B7
Executive Director: Richard Marsella
Board Chair: Martin Abel

Charitable Reg. #:87211 6025 RR0001


Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 4/5]



Audited financial statements for current and previous years available on the charity’s website.



Grade based on the charity's public reporting of the work it does and the results it achieves.



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 83 cents are available for programs.

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About Community Music Schools of Toronto:

Founded in 1999, formerly called Regent Park School of Music, Community Music Schools of Toronto offers affordable music lessons to kids from low-income families in two Toronto neighbourhoods: Regent Park and Jane & Finch. Kids aged 3-18 can take group, ensemble, and/or private lessons that teach concepts like rhythm, melody, harmony, and tone, and aim to encourage creativity. RPSM subsidizes program costs based on household income, and loans instruments and music books to its students for free. The charity also runs summer day camps in July and August. Its mission is for kids to achieve their greatest potential through high quality music education.

Community Music Schools of Toronto (CMST) had almost 1,000 students in its music education programs in F2020. This included 554 students in Regent Park programs, 240 students in Jane & Finch programs, 154 students at Kapapmahchakwew-Wandering Spirit School programs, and 63 students in programs for kids with special needs. CMST also had 141 kids attend its summer camps. A highlight for the charity in F2020 was some of its students being featured on Taylor Swift's song "It’s Nice to Have a Friend," on her new album Lover.

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Results and Impact

Community Music Schools of Toronto reported that in F2020, 15 of its students graduated and are heading off to college or university (down from 22 in F2019).

Charity Intelligence highlights these key results. They may not be a complete representation of Community Music Schools of Toronto's results. Charity Intelligence has not assessed impact on CMST. This shows as n/r, meaning not rated.

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Charity Intelligence consolidated the financial statements from the Community Music Schools of Toronto operating charity and Regent Park School of Music Foundation.

Community Music Schools of Toronto received donations and special events revenue of $1.8m in F2020. Administrative costs are 14% of revenues and fundraising costs are 3% of donations. For every $1 donated, 83 cents go to the cause, falling within Ci’s reasonable range for overhead spending. CMST has $4.2m in funding reserves of which $304k is donor-endowed. Excluding donor-endowed funds, the charity could operate programs for 2.5 years using funding reserves.

This charity report is an update that has been sent to Community Music Schools of Toronto for review. Changes and edits may be forthcoming.

Updated on August 24, 2021 by Rachel Leteta.

Financial Review

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 13.9%14.1%19.7%
Fundraising costs as % of donations 3.3%6.5%4.1%
Total overhead spending 17.1%20.6%23.9%
Program cost coverage (%) 254.5%246.6%339.1%

Summary Financial Statements

All figures in $s
Donations 1,849,5361,618,9691,769,662
Government funding 277,149218,56428,000
Fees for service 51,85899,64188,330
Special events 007,349
Investment income 154,106110,851150,424
Other income 00940
Total revenues 2,332,6492,048,0252,044,705
Program costs 1,564,6251,377,891960,983
Grants 052,00020,000
Administrative costs 302,341273,366374,024
Fundraising costs 60,392105,53373,370
Total spending 1,927,3581,808,7901,428,377
Cash flow from operations 405,291239,235616,328
Capital spending 6,2224,7851,127
Funding reserves 4,246,7623,737,6503,484,776

Note: Ci included contributions to the Endowment Fund and amortization of deferred contributions restricted for purchase of capital assets in donations. Ci adjusted for the Foundation's deferred revenues, affecting total revenues by $375k in F2020, $41k in F2019, and $34k in F2018. Contributions from Regent Park School of Music Foundation were removed from Regent Park School of Music's revenue and the Foundation's expenses to avoid double counting, reducing revenues and expenses by $1.2m in F2020, $1.1m in F2019, and $929k in F2018.

Salary Information

Full-time staff: 9

Avg. compensation: $44,034

Top 10 staff salary range:

$350k +
$300k - $350k
$250k - $300k
$200k - $250k
$160k - $200k
$120k - $160k
$80k - $120k
$40k - $80k
< $40k

Information from most recent CRA Charities Directorate filings for F2020

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-364-8900


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Charitable Registration Number: 80340 7956 RR0001